🦎🚀 An eye for an eye...or 30 dollars? 👁️

Friday, May 19, 2023

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American-based crypto exchange Coinbase has released a brand new subscription service targeting customers across the globe.

Known as Coinbase One, subscribers will get to enjoy lower trading fees and pay reduced commissions for Coinbase's staking service.

Coinbase One's initial launch will target Customers from the United States, Germany, Ireland, and the United Kingdom.

In today's news, Worldcoin clamps down on shady dealings, Visa is trying out account abstraction and buying the dip, and Wormhole may have just gotten a little bigger.

Read on!

Is Decentralized Storage Cheap?

Decentralized storage is cheaper than centralized storage by around 78.6% on average.

This means that with just $497.04, you can theoretically preserve the existing Naruto, One Piece, and Detective Conan episodes on Filecoin for the next century.

24h Hot Searches Worldwide

Uniswap (-0.7%)
XRP (+3.9%)
Solana (-1.9%)
Bitcoin (-1.9%)
Hourglass (-1.7%)
Pepe (-5.0%)
BOB Token (+20.9%)

Aleph Zero: A game-changer for blockchain? 🤩

Let's explore this promising Layer 1 project that aims to solve the blockchain's trilemma of security, scalability, and decentralization.

Let's find out here!

More Eyes, More Lies

While Sam Altman's Worldcoin project has yet to be launched, users are already finding dubious ways to game the system.

With free tokens being distributed to anyone willing to scan their iris using Worldcoin's orbs, some users in China are reportedly paying as low as $30 for iris scans from Cambodia and Africa.

Worldcoin has since responded by making adjustments to the initial onboarding process and using dynamic QR codes.

The Block

Vamos Visa

Visa has begun experimenting with account abstraction on Ethereum, or rather, on the Ethereum Goerli testnet.

The global payments service provider deployed two series of 'Paymaster' smart contracts that make use of account abstraction to execute transactions and manage costs for users automatically.

According to Visa, the primary aim of these contracts is to simplify the payment process for users by allowing transaction fees to be paid with any other token besides Ether.

The Block

Into the Wormhole

Multichain protocol Wormhole has introduced their new $50 million Cross-Chain Ecosystem Fund, which will be managed by VC firm Borderless Capital.

Backed by over 20 firms and projects, including Circle, Jump Crypto, and Polygon Ventures, the fund will be used to assist newer teams that are looking to build innovative multi-chain applications.

Cointelegraph